Bitcoin

<ul>
 <li>Bakkt reaffirmed its partnership with SogoTrade, a digital brokerage, and Hapi.</li>
 <li>The crypto firm is also aiming to expand its services to the UK and Australia.</li>
</ul>
Bakkt Holdings, a provider of crypto solutions, has announced plans to extend its cryptocurrency operations into new global markets. Yesterday, <a href="https://thenewscrypto.com/bakkt-announces-relaunch-of-bakkt-custody-with-additional-functionality-and-expanded-asset-support/" target="_blank" rel="noopener noreferrer nofollow">Bakkt</a> reaffirmed its partnership with <a href="https://www.sogotrade.com/" target="_blank" rel="noopener noreferrer nofollow">SogoTrade</a>, a digital brokerage, and <a href="https://hapi.trade/en" target="_blank" rel="noopener noreferrer nofollow">Hapi</a>, a stock trading platform, two of its existing clients.
Bakkt has expanded its Latin American footprint from Argentina and Mexico to Guatemala and Brazil. In the midst of Hong Kong and Singapore’s embrace of cryptocurrency as an alternative asset class, it has introduced its crypto trading services to both markets.
<h3 class="wp-block-heading" id="h-strategic-expansion">Strategic Expansion</h3>
One of the most important goals for the firm in 2024, according to CEO Gavin Michael, is to expand internationally. According to Michael, the company is starting a new and exciting chapter as it expands into new Asian regions such as Singapore and Hong Kong, where the cryptocurrency economy is booming due to new regulations.
It has been stated that Bakkt is also aiming to expand its services to the UK and Australia, in addition to these developments. Their main areas of interest are ramp capabilities, institutional-grade custody, and trading.
Moreover, weeks after the introduction of Bitcoin ETFs, Bakkt announces its expansion. Because of this, it’s possible that any major launch in the cryptocurrency ecosystem may inspire confidence and cause businesses to grow.
Traditional investors and institutions are drawn to any regulatory validity, which in turn increases the demand for crypto services internationally. <a href="https://thenewscrypto.com/hong-kong-set-to-launch-spot-bitcoin-etf-in-q1-2024/" target="_blank" rel="noopener noreferrer nofollow">Hong Kong</a> and Singapore, with their well-defined legal frameworks, are becoming hotspots for crypto businesses looking to cash in on the market’s growing acceptance of their product.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/elon-musks-tesla-q4-report-reveals-bitcoin-portfolio/" target="_blank" rel="noopener noreferrer nofollow">Elon Musk’s Tesla Q4 Report Reveals Bitcoin Portfolio</a>

Crypto Firm Bakkt Broadens Global Reach with International Expansion

목차

TheNewsCrypto

2024년 1월 25일에 게재된 다른 기사

Bitcoin’s Potential Bull Run Triggered by Traditional Finance Institutions

SHIB Burns Skyrocket 4,240% After New Burn Era Kicked Off

Tesla is the Only Loser in the Magnificent Seven So Far This Year

The new Ballies Cheerleaders NFT is available now

Crypto VC Deals in 2023 Plunged 70% on Funding Constraints

Ethereum’s Dencun Upgrade Nears Mainnet Debut: Will ETH Rally?

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!